No Change in Gold, Big Change FOR Gold

“Not much happened yesterday” – one might say after looking briefly on gold, silver and mining stocks’ charts. And they would be correct. But they would probably miss the key three developments that indeed happened yesterday outside of the precious metals sector that can have enormous impact on its short-term direction. What are they?

Feb Market Overview

Old continent, the global hegemon, and the rising power. Europe, the United States, and China – where will the black swan land?
On the surface, the world is in an excellent shape. There is a slowdown in GDP growth, but the global economy is still expanding well. In most developed countries, inflation is stable, while unemployment rate is very low. However, investors feel that something is in the air. What will, and where, surprise the world tomorrow?
In this edition of the Market Overview, we answer some of these questions. The starting points of our analysis are two important anniversaries. We celebrate 20 years of the euro and 40 years of a market reform in China. We show that although the construction of the Eurozone is flawed, the rumors about the death of euro are exaggerated.